On the market for 162 days — longer than average. The seller may be open to negotiation.
Excellent opportunity to acquire a turnkey indoor golf studio and after-school academic business in a high-traffic SmartCentres Plaza in Richmond Hill. Approx. 1,881 sq ft featuring 2 golf simulator bays with owned Toptracer AM and Impact Vision simulators and automatic tee systems, with the remaining area currently used as academic classroom space. Ideal for golf academy, after-school program, or professional office use. Current rent is $9,092.60/month including TMI and HST. Current lease in place until September 2026, with a new 2-year lease term available subject to landlord's consent. The seller will prioritize buyers who are able to take occupancy as soon as possible. Strong applicants with good credit, relevant experience, and proof of assets will be viewed favourably. Financial statements will not be provided at the seller's request; however, recent sales records from the Skedda automated booking/payment system can be shared, based on the current operation of 2 simulator bays. All existing equipment is fully owned by the seller and is included in the sale on an as-is basis. Existing fixtures are also included and to be assumed on an as-is basis. Please note that future redevelopment of the property is planned; however, as final approval is expected to take considerable time, all units are currently being actively operated, with many recently leased or renewed. The lease also contains a 6-month demolition clause.
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